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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Interest and Dividend Income:    
Loans, including fees $ 41,407 $ 37,912
Due from banks 598 230
Federal funds sold 21 3
Securities:    
Taxable 4,936 3,284
Tax-exempt 994 753
Dividends and interest on all other securities 87 70
Total interest and dividend income 48,043 42,252
Interest Expense:    
Checking and savings deposits 746 938
Time deposits 1,403 1,941
Federal funds purchased, securities sold under agreements to repurchase and other borrowings 69 35
Long term borrowings 1,180 544
Federal Home Loan Bank advances 207 0
Total interest expense 3,605 3,458
Net interest income 44,438 38,794
Provision for loan losses 1,706 794
Net interest income after provision for loan losses 42,732 38,000
Noninterest Income:    
Bank-owned life insurance income 909 1,014
Mortgage banking income 497 2,280
Loss on sale of available-for-sale securities, net (1,870) 0
Gain on sale of fixed assets 1,690 0
Total noninterest income 13,505 14,885
Noninterest Expense:    
Salaries and employee benefits 27,055 25,361
Occupancy and equipment 4,720 4,694
Data processing 4,630 4,557
Customer development 473 370
Professional services 2,673 2,521
Employee professional development 991 719
Other taxes 849 794
ATM and other losses 535 504
Other operating expenses 3,729 3,629
Total noninterest expense 45,655 43,149
Income before income taxes 10,582 9,736
Income tax expense 1,474 1,296
Net income $ 9,108 $ 8,440
Basic Earnings per Share:    
Weighted average shares outstanding (in shares) 5,071,130 5,238,318
Net income per share of common stock (in dollars per share) $ 1.8 $ 1.61
Diluted Earnings per Share:    
Weighted average shares outstanding (in shares) 5,071,169 5,238,352
Net income per share of common stock (in dollars per share) $ 1.8 $ 1.61
Fiduciary and Asset Management Fees [Member]    
Noninterest Income:    
Noninterest revenue $ 4,097 $ 4,198
Service Charges on Deposit Accounts [Member]    
Noninterest Income:    
Noninterest revenue 3,069 2,697
Other Service Charges, Commissions and Fees [Member]    
Noninterest Income:    
Noninterest revenue 4,383 4,338
Other Operating Income [Member]    
Noninterest Income:    
Noninterest revenue $ 730 $ 358